Enerpac Tool Group (EPAC) VP reports 3,816 RSUs vesting through 2029
Rhea-AI Filing Summary
Enerpac Tool Group Corp officer Kevin James Hagen, VP and Global Controller, reports beneficial ownership of 3,816 shares of Class A Common Stock in the form of restricted stock units. These include 1,837 units vesting on June 15, 2028 and 1,979 units vesting on June 15, 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hagen Kevin James
Role
VP and Global Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,816 shares (Direct)
Footnotes (1)
- F1. Consists of restricted stock units granted under the Enerpac Tool Group 2017 Omnibus Plan that, with respect to 1,837 units, vest on June 15, 2028 and, with respect to 1,979 units, vest on June 15, 2029, in each case, subject to the reporting person's continued service with the Issuer.
Key Figures
Restricted stock units reported: 3,816 units
RSUs vesting June 15, 2028: 1,837 units
RSUs vesting June 15, 2029: 1,979 units
3 metrics
Restricted stock units reported
3,816 units
Restricted stock units tied to Class A Common Stock beneficially owned following the reported holdings
RSUs vesting June 15, 2028
1,837 units
Restricted stock units that vest on June 15, 2028, subject to continued service
RSUs vesting June 15, 2029
1,979 units
Restricted stock units that vest on June 15, 2029, subject to continued service
Key Terms
restricted stock units, Enerpac Tool Group 2017 Omnibus Plan, continued service
3 terms
restricted stock units financial
"Consists of restricted stock units granted under the Enerpac Tool Group 2017"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Enerpac Tool Group 2017 Omnibus Plan financial
"granted under the Enerpac Tool Group 2017 Omnibus Plan that, with respect to 1,837"
continued service financial
"in each case, subject to the reporting person's continued service with the Issuer."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What holdings did Enerpac Tool Group (EPAC) report for Kevin James Hagen?
Enerpac Tool Group reported that VP and Global Controller Kevin James Hagen beneficially owns 3,816 restricted stock units tied to its Class A Common Stock. These are direct holdings and are subject to time-based vesting conditions extending through 2029.
When do Kevin James Hagen’s Enerpac Tool Group (EPAC) restricted stock units vest?
His reported restricted stock units vest in two tranches: 1,837 units vest on June 15, 2028, and 1,979 units vest on June 15, 2029. Each tranche remains subject to his continued service with Enerpac Tool Group.
What is Kevin James Hagen’s role at Enerpac Tool Group (EPAC)?
Kevin James Hagen serves as Vice President and Global Controller at Enerpac Tool Group. The ownership disclosure identifies him as an officer rather than a director or large shareholder, and ties his reported equity holdings to this executive role.
Does Enerpac Tool Group (EPAC) report any stock purchases or sales for Kevin James Hagen in this disclosure?
No stock purchases or sales are reported. The disclosure shows a single holding entry, with 3,816 restricted stock units outstanding and no buy or sell transactions, gifts, exercises, or dispositions reflected in the summarized transaction data.
Under which plan were Kevin James Hagen’s EPAC restricted stock units granted?
The reported restricted stock units were granted under the Enerpac Tool Group 2017 Omnibus Plan. Vesting of 1,837 units in 2028 and 1,979 units in 2029 is conditioned on his continued service with the issuer under the terms of that plan.